Frequently Asked Questions
IN THIS SECTION, YOU CAN FIND ANSWERS TO THE MOST FREQUENTLY ASKED QUESTIONS
YES! When you subscribe to the Condo Expert software, you determine the number of users you need. The software is multi-user.
Many people can work simultaneously, and various levels of access can be provided to users (changes on certain modules only, read only, etc.).
Click here to find out how to manage access to the software or section of it for various users.
The Service Plan is support included in your subscription that includes many benefits to help you in your use of Condo Expert.
- All software updates
- Unlimited technical support
- Web-based data consultation
- Data back-up on Magex servers
- Free online training
And much more.
Condo Expert backups are performed several times a day. This way, you never risk losing your data or your progress.
YES! You can do your accrual accounting through the many features provided directly in Condo Expert.
You can enter your transactions in the General Journal, carry them forward to the General Ledger and complete your financial statement there.
Using a ASSESSED CONTRIBUTIONS calculation, you can divide the condo fees and shares in the various funds (contingency, urgent or other).
The calculation is done based on the square footage occupied by each co-owner.
YES! As mentioned above, Condo Expert allows you to do all your accounting of the General Journal, the General Ledger, the Statement of Operations, the Balance Sheet and the Cash Flow Statement.
Even if your accountant says no, they do have everything they need to complete your accrual accounting.
Some accountants are not familiar with the Condo Expert software, but we can help them if you are subscribed to the Service Plan or we can refer you to an accountant who knows the software.
No need to use two software programs when all you need is one.